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Beauty Devices Market By Analysis, Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts 2018-2024

02-05-2019 10:01 AM CET | Health & Medicine

Press release from: BlueWeave Consulting & Research Pvt Ltd.

Global Beauty Devices Market Size, Analysis and Growth 2018-2024

Global Beauty Devices Market Size, Analysis and Growth 2018-2024

Global Beauty Device Market: Overview

According to a new market report published by BlueWeave Consulting, the global beauty device market was valued at USD 31.26 billion in 2017 and is projected to expand at a CAGR of 19.14% from 2018 to 2024, by value, reaching around USD 106.31 billion by the end of the forecast period. According to the report, North America was the largest contributor in terms of revenue to global beauty device market in 2017.
Growing hormonal disorders leading to abnormal hair loss and hair growth is driving the global beauty device market.

Sample copy of Study Report on Keyword Market is Available: https://bit.ly/2yk6AZg

Due to increasing exposure to pollution skin diseases, skin diseases are common in modern society and it is ever increasing. This is causing papules, hives, warts etc. Other factors contributing to skin diseases are excessive alcohol consumption and consumption of tobacco. Acne, hyper pigmentation, depigmentation, psoriasis, freckles, deep wrinkles, atopic dermatitis and melisma are some of the common skin problems.
Increase in the level of disposable income across the globe has led to a high spending on personal and beauty care products and devices. Rise in GDP per capita income and high disposable income has led to increasing spending power of the Asian population to purchase various beauty devices, which further drives the growth of the global market.

The key driver for the global beauty device market is rise in appearance consciousness consumers worldwide. Major aspect of people’s life is engrossed by social media. This in turn has attracted people towards beauty devices to enhance their appearance. For example the technological advancements in beauty devices with presence of laser treatments for skin lightening and tightening in short span of time will generate higher market revenue over the forecast period.

Global Beauty Device Market: Scope of the Report

The global market for beauty device is segmented by type of devices, application, and geography. The type is further segmented into hair removal devices, cleansing devices, acne devices, light/led therapy and photo rejuvenation devices, oxygen and steamer devices, hair growth devices, skin dermal rollers, cellulite reduction devices and others. The application is further segment into salon, spa, at home and others.

Geographically, the global beauty device market is bifurcated into North America, Asia Pacific, Europe, and Rest of the World. North America beauty device market was the most prominent market because beauty device industry is one the major revenue contributor within the manufacturing industries. Thus, the demands for beauty device products, like hair removal devices, cleansing devices, acne devices, light/LED therapy, etc. Will generate higher revenue returns over the forecast period.

Get Complete Table of Content Having Unique Analysis on Several Factors: https://bit.ly/2t7IDSW

Global Beauty Device Market: Competitive Dynamics
Major industry players in global beauty device market are adopting different strategic initiatives such as mergers and acquisitions, partnerships, and collaborations for strategic expansion in the beauty device market. For instance, In January 2017, L’Oréal signed an agreement with Valeant Pharmaceuticals to acquire; it’s the skincare brands including CeraVe, AcneFree, and Ambi for a consideration of USD 1.3 billion in cash. The acquisition is aimed to expand L’Oreal’s Active cosmetics division.

Market Segmentation: Global Beauty Device Market

By Type: Hair, Removal Devices, Cleansing Devices, Acne Devices, Light/LED Therapy, Photo , Rejuvenation Devices, Oxygen, Steamer Devices, Hair Growth Devices, Skin Dermal Rollers, Cellulite, Reduction Devices, Others

By Application: Salon, Spa, Home, Others

By Region: North America, Europe, Asia Pacific, and Rest of the World

Get Complete Access of Study Report: https://www.blueweaveconsulting.com/beauty-device-market

About Us
BlueWeave Consulting is a one-stop solution for market intelligences regarding various products and services online & offline. We offer worldwide market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solution. BlueWeave has built its reputation from the scratches by delivering quality performance and nourishing the long-lasting relationships with its clients for years. We are one of the leading digital market intelligence generation company delivering unique solutions for blooming your business and making the morning, more rising & shining.

Contact Us:
Email: info@blueweaveconsulting.com
Website: www.blueweaveconsulting.com
Phone: +1 8666586826

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